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November 12, 2008 Trading Symbol: TSX.V-PBX

Company Update

(Vancouver) �International PBX Ventures Ltd. (TSX.V - PBX) wishes to provide an update on the affairs of the company.

In light of the current market conditions the company is reducing expenditures to conserve cash at the same time continuing to look for opportunities to effectively move our projects forward. The company is debt free and has over $2 million in the treasury, sufficient to remain operational for several years. The company remains strong and will be well positioned to aggressively move forward with a market turn.

Investors are invited to visit the company website at www.internationalpbx.com where a �President�s Letter to the Shareholders � is available for viewing providing further information on the company�s current status and strategy for future growth.

About PBX
International PBX Ventures is a Canadian junior mining and exploration company focused on acquisition and development of molybdenum, copper and gold properties in Chile. PBX's shares trade on the Toronto Stock Exchange under the symbol PBX.

ON BEHALF OF THE BOARD OF DIRECTORS OF
INTERNATIONAL PBX VENTURES LTD.

George Sookochoff, President & CEO

The TSX Venture Exchange does not accept responsibility for the accuracy or adequacy of this news release.
The company relies on �forward- looking� statement litigation protection.



#209 - 475 Howe St., Vancouver, B.C. V6C 2B3
Ph: 604-681-7748 Toll Free: 1-877-681-1154
E: info@internationalpbx.com W: http://www.internationalpbx.com


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International PBX Ventures, Ltd.

EXPLORATION STAGE
CODE : PBX.V
CUSIP : 459959 102
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Financings of International PBX Ventures, Ltd.
8/10/2012Announces Private Placement
7/28/2012Completes Non Brokered Private Placement
6/22/2012Announces Private Placement
4/30/2012Completes Non Brokered Private Placement
4/16/2012Announces Private Placement
2/20/2012Ventures Extends Non Brokered Private Placement
2/8/2012Completes Non Brokered Private Placement
1/25/2012Announces Private Placement
12/12/2011Announces Private Placement
10/28/2011CLOSES PRIVATE PLACEMENT RAISING GROSS PROCEEDS OF $1,056,00...
10/12/2011Announces Private Placement
7/26/2011announces exercise of warrants for proceeds of $2,845,875
10/27/2010Announces Private Placement
4/23/2010Completes Non-Brokered Private Placement
2/22/2010Announces Private Placement
Option Grants of International PBX Ventures, Ltd.
5/27/2010Announces Grant of Options
4/17/2010Announces Grant of Options
Nominations of International PBX Ventures, Ltd.
3/29/2012Ventures Announces Changes To The Board of Directors
Project news of International PBX Ventures, Ltd.
10/13/2011(Copaquire)DRILLS 124 METERS WITH 0.58 % COPPER AT THE COPAQUIRE PROPE...
3/25/2011(Copaquire)Starts Drilling on the Copaquire Copper-Moly Porphyry Projec...
10/19/2010(Copaquire)Plans 2010 Drill Program to Test Titan IP Targets on Copaqui...
6/15/2010(Copaquire) Continues to intersect wide intervals of hypogene copper mi...
6/4/2010(Copaquire) To carry out Titan 24 deep penetration IP survey at Copaqui...
5/19/2010(Copaquire)Announces 267 Metres At 0.57% Copper From Drilling Program A...
4/28/2010(Copaquire)Drills High Grade Hypogene Copper Mineralization at Copaquir...
3/22/2010(Copaquire)Drilling Begins on Sulfato Copper Zone
7/10/2009(Hornitos)Discovery of Large IOCG Target on Palo Negro
6/23/2009(Copaquire)Files Revised 43-101 Technical Report on its Copaquire Molyb...
4/20/2009(Copaquire)Files NI43-101 Resource Estimate Report for Copaquire Molyb...
1/12/2009(Copaquire)Copaquire Resource Estimate Update
8/7/2008(Copaquire)Final Option Payment Made on Copaquire Property
7/14/2008(Tierra De Oro)Tierra de Oro Project Update
6/25/2008(Tabaco)Tabaco Copper Project Update
6/17/2008(Copaquire)Copaquire Drill Results and Update
5/14/2008(Tabaco)Drilling Begins on Tabaco Copper Property
4/1/2008(Tabaco)Tabaco Drilling Rescheduled for April
2/21/2008(Tierra De Oro)Large 3D IP Anomaly Discovered on the Tierra de Oro Gold Pro...
Corporate news of International PBX Ventures, Ltd.
10/25/2012Shareholders Overwhelmingly Elect New Board Led by Former PB...
2/22/2011Completes Airborne ZTEM Survey Over Copper-Gold Projects in ...
12/20/2010TO UNDERTAKE SPIN-OFF TRANSACTION TO CREATE TWO INDEPENDENT ...
9/22/2010President Interview Regarding Titan Survey Results
9/15/2010REPORTS RESULTS OF TITAN-24 GEOPHYSICAL SURVEY
7/6/2010TITAN 24 GEOPHYSICAL SURVEY COMMENCES
4/15/2010Ventures Closes First Tranche of Financing
3/5/2010featured by Bull & Bear Financial Report
3/4/2010Molybdenum Expert Catherine Virga Sees Strength in Supply, D...
1/18/2010Acquires Claims in Chile
1/14/2010Information Update
1/6/2010Announces Investor Relations Agreement
12/4/2009President & CEO Appears on resourceINTELLIGENCE TV
8/26/2009Outlines Potential Large Porphyry Target on Sierra Pintada P...
5/6/2009Addresses Canadian Technical Information Disclosure With th...
11/12/2008President's Letter to Shareholders
11/12/2008Company Update
7/9/2008George Sookochoff Appointed President and CEO
2/11/2008Engages AMEC Engineering for Preliminary Economic Assessment
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TSX-V (PBX.V)FRANKFURT (IVV.F)
0.030-25.00%0.040+0.00%
TSX-V
CA$ 0.030
05/17 11:21 -0.010
-25%
Prev close Open
0.040 0.030
Low High
0.030 0.030
Year l/h YTD var.
0.030 -  0.090 -57.14%
52 week l/h 52 week var.
0.030 -  0.120 -70.00%
Volume 1 month var.
40,000 -25.00%
24hGold TrendPower© : -13
Produces
Develops
Explores for Cobalt - Copper - Gold - Molybdenum - Silver
 
 
 
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2013-62.50%
2012-63.64%0.240.07
2011-48.84%0.520.18
2010230.77%0.600.13
2009333.33%0.140.03
 
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